Eastman Chemical

Develops chemicals and coatings for packaging and products.

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Headquarters:
100 N Eastman Rd.
Kingsport, TN 37660
Employees: 11,000
CEO: Brian Ferguson
Stock Symbol: EMN

Website: http://www.eastman.com

Career Site

Eastman manufactures and markets more than 1,200 chemicals, fibers and plastics worldwide. It provides key differentiated coatings, adhesives and specialty plastics products; is the world's largest producer of PET polymers for packaging; and is a major supplier of cellulose acetate fibers.

Eastman is a leading supplier of raw materials for paints and coatings, inks, and graphic arts, adhesives, textile sizes and other formulated products, and of cellulose acetate fibers.

Eastman products keep paints and coatings from cracking and extend the shelf life of foods. They contribute to the manufacture of safer medical equipment, film for smaller electronics devices and more efficient circuit boards for computers. They retard mold in animal feed and go into plasticizers that enable garden hoses to bend.

Eastman plastics products are used in packaging for beverages, including soft drinks, water, juice, tea, beer, liquor and sport drinks. Other packaging applications for Eastman plastics include foods, electronics, cosmetics, pharmaceuticals and household products.

Eastman supplies plastics products for credit and debit cards; electrical connectors, medical devices, vending machines, signs, display cases, carpet fiber; binder fiber for car interiors and upholstery, heavy-duty shipping sacks and pond liners; toothbrushes and tool handles; sports equipment; and photographic, movie and X-ray film.

Hundreds of Eastman's specialty products are key ingredients in paints and coatings for houses, cars, bicycles, furniture and appliances, as well as inks for printing on potato chip bags, candy wrappers and gift wrappings.

In 2007, Eastman Chemical had sales of $6.8 billion and net earnings of $300 million.

History

The company was founded in 1920 by George Eastman to supply photographic chemicals for his other company, Eastman Kodak in Rochester, NY. Kodak is the world's largest supplier of film.

Benefits

- Accidental Death Insurance
- Eastman Investment and Employee Stock Ownership Plan
- Long-Term Disability
- COBRA
- Employee Protection Plan
- Occupational Accidental Death Insurance
- Dependent Accidental Death Insurance
- Employee Stock Purchase Plan
- Retiree Health Care
- Dental
- Eastman Retirement Assistance Plan
- Short-Term Disability
- Dependent Care Reimbursement Account
- Health Care
- Termination Allowance Plan
- Dependent Life Insurance
- Health Care Reimbursement Account
- Vacation
- EastLife Insurance
- Holidays
- Workers Compensation Supplement
- Eastman 529 College Savings Plan
- Long-Term Care Insurance
- Unpaid Vacation - Up to 40 hours per year

Updated February 26, 2008